Since the beginning of this year, U.S. stocks have performed strongly, and the three major stock indexes have maintained the momentum for five consecutive weeks. Among them, the stock prices of technology companies related to artificial intelligence, such as Nvidia, Facebook's parent company Meta, and Microsoft, are far ahead**. According to Bloomberg4, some company founders and executives with strong stock prices are starting to be "companies" in order to lock in earnings.
According to the report, documents submitted by Nvidia executives and directors last month showed that they have or plan to ** about 370,000 shares of Nvidia**, worth about 1$800 million. If all of these are eventually sold, it will be the largest monthly sell-off in at least six years in USD. Among the four insiders who disclosed or were interested in Nvidia shares was Mark Stevens, a director since 2008, who had sold 300,000 shares and 10.28 million shares**.
Bloomberg's analysis believes that since the beginning of this year, Nvidia's stock price has more than doubled, and it is understandable that executives want to lock in earnings after the stock price soars. However, they didn't pull back when they pulled back, probably considering that the momentum of the stock price strength was difficult to replicate.
In addition, in the first 11 months of this year, the stock price of Meta, the parent company of Facebook, exceeded 170% cumulatively**, outperforming most U.S. technology companies. According to a number of foreign media reports, the company's founder and CEO Zuckerberg revealed in a document submitted to the U.S. ** Exchange Commission on the 1st of this month that he plans to ** about 280,000 shares of the company**, valued at approximately $9.06 million. Chief Operating Officer Javier Olivan also previously disclosed plans worth about $2.06 million. It is reported that the entity organization that manages Zuckerberg's wealth totaled about 68 in November this year20,000 shares of meta**, cashed out nearly 1$8.5 billion. This is the first time since November 2021**. Affected by the above-mentioned stock sell-off news, Meta's stock price closed down nearly 1 on the 4th5% and continue in after-hours trading**.
*: CCTV Finance).